"On the Drake give away it all seems fishy to me, no idea why...

"On the Drake give away it all seems fishy to me, no idea why they would give away 30 million worth of shares??"

How's this for a possible answer.

Drake transfer their BBX shares to the charity at 18 cents per share (which was the price around the 12/12/2018 when the transfer was announced).

196,250,000 BBX shares at 18 cents per share are worth $35.3 million which becomes an immediate tax deduction for Drake.

Most of Drake's shares were acquired at 4.6 cents in the 2016 on market takeover - total cost of approximately $9 million with the share price pushed up on low liquidity and low volume.

Outlay $9 million, get tax deduction of $35.3 million. Sounds like a winning formula to me.Esh